The Revenue Estimating Conference met Wednesday, and we finally have updated figures on the status of the state budget. For the current fiscal year, there’s still a deficit.
“You’re about at 66-million,” House Fiscal Officer Patrick Goldsmith told the panel.
Governor John Bel Edwards had said Monday he thought the estimated deficit would come in lower, between $30-million and $60-million.
However, the projected deficit for FY 17, which starts July 1, 2016, is lower than expected.